Form 4: Mercury Systems EVP, CHRO Steven Ratner Sells Shares to Cover Tax Obligations

Steven Ratner, EVP, CHRO of Mercury Systems Inc., sold 2,202 shares of common stock on June 18, 2024, to cover tax withholding obligations upon the vesting of stock awards.

Summary

• On June 18, 2024, Steven Ratner, the EVP, CHRO of Mercury Systems Inc. (MRCY), sold 2,202 shares of common stock.
• The sale was executed at a price of $27.7631 per share.
• The transaction was part of a sell-to-cover program to satisfy tax withholding obligations related to the vesting of stock awards.
• Following the transaction, Ratner directly owns 50,592 shares of Mercury Systems Inc. common stock.
• Ratner also indirectly owns 273 shares through a 401K plan.

Sentiment

Score: 5

Explanation: The document describes a routine stock sale to cover tax obligations, which is neither particularly positive nor negative.

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the context of tax obligations.

Key Dates